PT, what do you like about YRCW? TIA
They're getting pretty beat up following:
-Short interest rose 252.9 percent to 55.9 million shares.
-The unexpected departure of the company's president, Tim Wicks, in mid-April rattled investors who saw the move as a blow to the still-struggling trucking giant and a sign of continuing instability. <ReutersLink ID='ID:nN13253495' /> Wicks had helped YRC navigate several complicated restructuring moves
-struggling to avoid bankruptcy, agreed to a significant equity dilution to win Teamsters concessions last year.
-float = 1.02 Billion
It caught my eye after wick's departure but am still looking for some catalyst to propell a reversal.
Thanks -
S